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Technological progressions in pulse oximeter devices, substantial prevalence of neonatal conditions with favorable reimbursement scenarios are expected to fuel the market growth
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Pulse Oximeter Market Size Worth USD 3,534.4 Million by 2027 www.emergenresearch.com Technological progressions in pulse oximeter devices, substantial prevalence of neonatal conditions with favorable reimbursement scenarios are expected to fuel the market growth
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Market Summary The global pulse oximeter market is expected to reach USD 3,534.4 Billion by 2027, according to a new report by Emergen Research. Rising consciousness regarding severity and growing incidences of neonatal conditions along with awareness about patient monitoring among people is anticipated to boost the pulse oximeter sales in the forecast period. The increasing frequency of hypertension, asthma, chronic obstructive pulmonary disease (COPD), diabetes, sleep apnea, and cardiac arrhythmia, among other diseases, contribute to the growth prospects of pulse oximeter market. Tests related to pulse oximetry are painless, non-invasive, and enables rapid detection of oxygen saturation levels in the body. www.emergenresearch.com
Market Summary • Some Key Highlights From the Report • The probe in hand-held oximeters is replaced easily; thus, the device is proficient and advanced as compared to other associated devices. Due to such favorable features, the hand-held products segment accounts for the largest market share of 56.7% in 2019 and is anticipated to exhibit lucrative growth even during the forecast period • Protonic Medical Systems launched a pulse oximeter in July 2020, named, POM-600, which is also approved with CE mark is used for monitoring the amount of oxygen carried in the body. • Due to expedient features like continuous monitoring and rapid detection of oxygen levels in the body, the reusable oximeters segment accounts for the largest market share of around 56.7% in 2019 and is expected to grow extensively through the forecast period. • Key players operating in the market are GE Healthcare, Philips Healthcare, Medtronic, CAS Medical Systems, Masimo, Nonin Medical, Smiths Medical, Welch Allyn, Spacelabs Healthcare and Meditech Equipment among other companies. • Request Free Sample Copy @ https://www.emergenresearch.com/request-sample/53 www.emergenresearch.com
Market Summary Emergen Research have segmented the global Pulse Oximeter Market on the basis of product, sensor type, end-uses, and region: Product Outlook (Revenue in Million USD; 2017–2027) Hand-held Fingertip Tabletop Wrist-worn Other Sensor Type Outlook (Revenue in Million USD; 2017–2027) Reusable Disposable End User Outlook (Revenue in Million USD; 2017–2027) Hospitals Healthcare & Diagnostic Centers Home Care Read more @ https://www.emergenresearch.com/industry-report/pulse-oximeter-market
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